Earlier this session the North Dakota House passed HB1250, introduced by Rep. Craig Headland, which represented over a half-billion in tax relief. Here’s what that bill does, as passed by the House on a nearly unanimous vote: The financial institutions tax rate goes from 6.5% to 6%. That’s a $2.4 million cut. The number of...
Earlier this session the North Dakota House passed HB1250, introduced by Rep. Craig Headland, which represented over a half-billion in tax relief. Here’s what that bill does, as passed by the House on a nearly unanimous vote: The financial institutions tax rate goes from 6.5% to 6%. That’s a $2.4 million cut. The number of...